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Anyone think a boom is just around the corner (coin and metal prices)..
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<p>[QUOTE="Shortgapbob, post: 208520, member: 6088"]This is an excellent post. It would be very possible for precious metals prices to rise in the next year. However, if energy prices continue to rise into the summer and real wage growth does not occur, then people will not have the extra disposable income to spend. Much will come down to inflation and how the Fed moves interest rates in response to it. The market had a broadbased rally today on the news that the Fed <b>may</b> lower interest rates in the near future. This shows how volatile the market is, with large reactions to possible actions and not actual actions. </p><p> </p><p>I personally think that metals will bounce around the next year with silver in the $12-15 range and gold in the $650-$725 range. I think the coin market will continue to be two-tiered, with quality coins bringing stronger and stronger prices due to lack of availability and commons, overgraded coins, and problem coins being significantly discounted.[/QUOTE]</p><p><br /></p>
[QUOTE="Shortgapbob, post: 208520, member: 6088"]This is an excellent post. It would be very possible for precious metals prices to rise in the next year. However, if energy prices continue to rise into the summer and real wage growth does not occur, then people will not have the extra disposable income to spend. Much will come down to inflation and how the Fed moves interest rates in response to it. The market had a broadbased rally today on the news that the Fed [B]may[/B] lower interest rates in the near future. This shows how volatile the market is, with large reactions to possible actions and not actual actions. I personally think that metals will bounce around the next year with silver in the $12-15 range and gold in the $650-$725 range. I think the coin market will continue to be two-tiered, with quality coins bringing stronger and stronger prices due to lack of availability and commons, overgraded coins, and problem coins being significantly discounted.[/QUOTE]
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Anyone think a boom is just around the corner (coin and metal prices)..
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